Price Reduction
Address
1506 Elm Street, Albert Lea, MN
Price
$ 275,000
Property Attributes
  • ID#7128574
  • TypeSingle Family
  • Listing Status Active
  • CountyFREEBORN
  • CityAlbert Lea
  • AreaElmwood Terrace Sub
  • NeighborhoodElmwood Terrace Sub
  • Zip56007
  • StyleSingle Family
  • Year Built1964
  • Taxes$ 3326
  • Price$ 275,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2584
  • Lot Size0.34 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Looking for a large lot with city amenities and a country feel? Welcome to 1506 Elm St. This 5-bedroom, 3-bath home has plenty of space inside and out. The main level features a large living room with a gas fireplace and a large window overlooking the front yard, a dining room, and a spacious kitchen with access to the deck. Upstairs you’ll find three bedrooms, including the primary bedroom with a private half bath, along with a full bathroom. The walkout lower level offers a family room, two additional bedrooms, and a 3/4 bath, with direct access to the backyard. The basement provides plenty of room for storage or the potential for additional finished space. Outside, the large backyard offers plenty of room to enjoy, along with a shed for additional storage. If you’re looking for some extra space while still being close to everything in town, this one is worth a look. Schedule your showing today!

Price History
8/24/2026 Listed $285,000
9/8/2026 4$275,000

General Features

Living Area 2584
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dishwasher,Disposal,Dryer,Water Filtration System,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Pool Features None
Construction Materials Block,Frame
Year Built 1964
Electric Circuit Breakers
Levels Four or More Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Elmwood Terrace Sub
Other Structures Storage Shed
Full Baths 1
Directions Richway Drive West to 740th Avenue,then left on Elm,home is on the right.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3326
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Kitchen Window
PostalCity Albert Lea

Interior Features

Basement Block,Unfinished
Total Fireplaces 1
Fireplace Features Gas,Insert,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1400
Half Baths 1
3/4 Baths 1
Laundry Features In Basement,Electric Dryer Hookup,Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 1184
Total Baths 3
Bath Desc 1/2 Primary,3/4 Basement,Upper Level Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas
Garage Dimensions 20x26
Garage Square Feet 520

Exterior Features

Fencing None
Parking Features Attached Garage,Concrete,Electric,Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.34
Building Area Total 2752
Lot Dimensions 108x144
Waterfront Y/N No
Foundation Area 1352
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 56007

Price
AVG $290K
$280K
Taxes
AVG $3,278
$3,326
Year Built
AVG 1952
1964
Visits
AVG 99
150
Data Provided by Inside Real Estate®

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